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Tag Archive for ‘Health’

Hanoi Move To Close Door On City Migrants

The Vietnamese government last week tabled the draft Law on Capital to the National Assembly for discussion, with one of the draft law’s most notable points being that each immigrant wanting permanent residency in the capital must have at least five square metres of housing there. Also, the draft law stipulates that the immigrant must have a stable residential place in Hanoi for at least three continuous three years. The Law on Capital, to oust the existing Ordinance on Capital, is expected to take effect on July 1, 2013. However, this regulation goes against Clause…

Duo Look For Mega Merger In Vietnam

A potential merger between two top-tier private creditors Sacombank and Eximbank would create a new giant in Vietnam’s financial system. According to Sacombank’s new chairman Pham Huu Phu, Sacombank was interested in merging with Eximbank. “That’s our idea, but we need to do research and outline a suitable road map.This will suit the State Bank’s […]

Dam safety hot topic in Vietnam Assembly’s Q&A session

HA NOI (VNS)– The reservoir of quake-hit Tranh River Hydroelectricity Plant 2 in Quang Nam Province will stay empty until scientists have confirmed the dam’s safety, the Minister of Construction Trinh Dinh Dung said this morning. Human safety was the top concern and priority of the Government, he said during the Q&A session at the National Assembly today. As part of the examination, international geologists from Russia, India and Japan would be invited to help evaluate the earthquake situation in the area. Dung was responding to a question on the dam’s safety…

Behind Obama’s re-election

(0 votes, average 0 out of 5) After news broke that President Obama had won re-election, a well-educated Vietnamese woman told me about her husband’s theory: Obama won because of a backroom deal among America’s rival powerbrokers. She seemed skeptical as I explained that, while there may be secret deals in politics everywhere, America’s presidential contest isn’t like that. It’s more like a giant, raucous sporting spectacle that plays out constantly with intense media attention, climaxing in great drama once every four years. Citizens root for their teams and boo the rivals. Debates can get heated, but as one…

Vietinbank, Vietcombank lift sagging market

HA NOI (VNS)— Stocks gained value last week on both of the nation’s stock exchanges, boosted by a modest recovery in bank shares. However, the volume of trades decreased markedly as fears about the long-term health of the banking industry spooked investors away from the stock market. Information released by the State Bank of Viet Nam, including data on the performance and bad debt ratios of commercial banks during the first nine months of the year, has revealed a growing malignancy inside the nation’s banking system, cautioned PetroVietnam Securities Co analyst Dao Hong Duong…

Business owners in Vietnam seek mental health advice during tough economic times

Psychiatrists in HCMC are receiving their highest ever number of business people suffering from psychological stress due to the economic downturn. Le Hieu, a doctor at Cho Quan Mental Hospital said he had received about 40 cases daily, eight of them related to money or businesses. Many of his patients were suffering from mental disorder […]

Vietnam’s Banking System Health Declining

HCMC – The State Bank of Vietnam (SBV) has unveiled a number of basic indicators of the banking sector, which show the health of the banking system had weakened by end-September, reflecting the decline of the economy. As of September 30, the total assets of the system had fallen by 1.89% compared to end-2011. In […]

Vietnam State Firms’ Debts Dampen Economic Efficiency

Workers at an instant coffee factory belonging to the Trung Nguyen Coffee Group in the northern province of Bac Giang Eliminating the massive burden of public sector debts and improving the business environment are urgent tasks if the government wants to improve the efficiency of the economy, Trinh Nguyen, an economist with the Hongkong and Shanghai Banking Corporation Limited (HSBC) tells Vietweek . Vietweek: HSBC forecasts Vietnam’s growth to slow to 5 percent this year and 5.3 percent next year. How does this compare with other countries? Trinh Nguyen: The slowdown reflects both weak external and domestic demand. The eurozone is expected to…

HCM City suffers preventative medicine staff crisis

HCM City is in desperate need of qualified public medical workers as the sector is suffering from too low wages, one official has said. Inadequate disease prevention causes serious consequences Le Truong Giang, Chairman of the municipal Public Health Association, said most qualified medical workers had moved to work at treatment institutions. Others stayed as […]

Old hens smuggled in from China a threat to Vietnam farmers, public health

Cheap, low-quality chicken smuggled in from China is jeopardizing Vietnamese farmers’ livelihoods and endangering public health, a top husbandry official warned at a meeting in Ho Chi Minh City Thursday. Nguyen Thanh Son, deputy head of the Department of Husbandry, said at the meeting held by the Ministry of Agriculture and Rural Development to discuss […]